UTRUST - page 120. | Bitcointalksearch.org

janggernaut

legendary

Activity: 2394

Merit: 1131

Quote from: RonMank on January 16, 2018, 06:57:56 AM

Quote from: lennox_dan on January 16, 2018, 06:18:44 AM

Quote from: DynamQ on January 16, 2018, 05:45:43 AM

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

There will be no burning. 2 % for Bitcointalk bounties and 3 % for special bounties but no onw knows for what the special bounties will be used. I guess for nothing:)

Special bounties are reserved for future bounty and also for local moderator (the one who translated and updated any information on their each region).

Quote from: bradpeterson on January 16, 2018, 09:58:09 AM

Quote from: Crypto privacy on January 16, 2018, 08:48:07 AM

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

So what's wrong with market now?

What he means is, UTK still cheap for now.

bradpeterson

newbie

Activity: 42

Merit: 0

Quote from: Crypto privacy on January 16, 2018, 08:48:07 AM

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

So what's wrong with market now?

kidsupreme2216

newbie

Activity: 29

Merit: 0

Quote from: foolishorient on January 16, 2018, 08:49:34 AM

merchant form "call for merchants" is closed. I think they already have enough for testing.

merchants are very positive in their platform...Go UTrust! secure the online payments for our future!

foolishorient

newbie

Activity: 86

Merit: 0

merchant form "call for merchants" is closed. I think they already have enough for testing.

Crypto privacy

hero member

Activity: 938

Merit: 500

One Token to Move Anything Anywhere

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

RonMank

sr. member

Activity: 588

Merit: 250

Quote from: lennox_dan on January 16, 2018, 06:18:44 AM

Quote from: DynamQ on January 16, 2018, 05:45:43 AM

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

There will be no burning. 2 % for Bitcointalk bounties and 3 % for special bounties but no onw knows for what the special bounties will be used. I guess for nothing:)

lennox_dan

newbie

Activity: 70

Merit: 0

Quote from: DynamQ on January 16, 2018, 05:45:43 AM

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

Depends on devs' decision, but I don't think that coins will be burned, because they are rewards for users' work, you know.

btcblockchain

newbie

Activity: 252

Merit: 0

Quote from: Scout Georgenson on January 15, 2018, 05:55:30 PM

Well, I used to pay with credit card so can I pay with cryptocurrency using your tokens everywhere?

Still, we have wait announcement from the company because it will take sometime to get all the development happen. Already it is possible where ever the payment option is supported.

DynamQ

sr. member

Activity: 756

Merit: 251

Quote from: Avirunes on January 15, 2018, 09:45:08 PM

Quote from: EarthshakerX on January 15, 2018, 01:56:00 PM

Quote from: Avirunes on January 15, 2018, 01:38:28 PM

Quote from: guavajelly on January 15, 2018, 01:15:11 PM

I don't see how listing on hitbtc will increase price. It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover. I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.

You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...

You rather hold CMC's stats also as correct? I know what is selling and what is burning also it was mentioned that Utrust would be burning some coins every year but I don't think they reserved like 100M tokens to be burned.

Either way there wasn't any announcement as of burning coins so it is hard to believe that they did that.

but what about bounty coins, they will also be burned part? Yet 5% of tokens are a large percentage.
sorry if this has already been discussed, there is no time to follow everything ...

lennox_dan

newbie

Activity: 70

Merit: 0

Quote from: EMS-007 on January 15, 2018, 06:58:17 PM

I'm so happy, bought it @60 cents! I guess the price will rise again after the S. Korean Ban be lifted off on this coming January 20..

Where did you get the information about South Korean ban?

Avirunes

legendary

Activity: 3094

Merit: 1472

Quote from: EarthshakerX on January 15, 2018, 01:56:00 PM

Quote from: Avirunes on January 15, 2018, 01:38:28 PM

Quote from: guavajelly on January 15, 2018, 01:15:11 PM

I don't see how listing on hitbtc will increase price. It tanked almost immediately after listing on okex. I would expect any increases. I think this token will need at least a few months to recover. I also just noticed the circulating supply is now 2million. Wasn't it 325 million a few days ago ? How did this happen ?

The recent mass selling of UTK token was the cause of circulating supply decline. Circulating supply is the total tokens in tokens hand. It can change from time to time depending and not fixed.

Also it's 200M around acc. to CMC. Check CMC Faq: https://coinmarketcap.com/faq/ to know about market terms and how they get certain figures about a coin.

You are wrong. The supply can only be reduced if the coins are burned!!! Selling has nothing to do with it. If someone sold, someone else bought. If someone sells the coin, it is not destroyed...

You rather hold CMC's stats also as correct? I know what is selling and what is burning also it was mentioned that Utrust would be burning some coins every year but I don't think they reserved like 100M tokens to be burned.

Either way there wasn't any announcement as of burning coins so it is hard to believe that they did that.

Crypto privacy

hero member

Activity: 938

Merit: 500

One Token to Move Anything Anywhere

So far, you are a little in the red. However, do not be upset. I believe that the price of about $ 0.5 is a mark, below which there will be no cost of the token.

guavajelly

newbie

Activity: 9

Merit: 0

at this point i have lost so much it doesnt make sense to sell this pile of garbage. I might as well hold on and hope it rebounds...although i feel like a bag holder. I bought at the top and regret it. If this ever recovers it will be a long time. Probably july when web wallet is released. This is DEFINITELY a longterm hold. I also think south korea is very much to blame. They are stoking mass panic in the market resulting into major sell off in almost every asset class.

mariner_southampton

newbie

Activity: 37

Merit: 0

Quote from: Thyrox on January 15, 2018, 05:50:47 PM

Quote from: mariner_southampton on January 15, 2018, 03:47:30 PM

Quote from: bandar on January 15, 2018, 02:28:02 PM

Why is the price sinking? Shocked

There are hardly any volumes, so weak hands selling the coins which they will regret. There is an impressive line up of industry events and API test in April. I am buying at every dip.

Where do you retrieve that information from? Could you please share the details with us? And your sources?

Go and check the volumes on Coinmarketcap.com for UTRUST. Only 3m worth of coins traded in the last 24 hours. When price rose last week volumes were over 50 million. Once we hit more exchanges and the platforms becomes well known in the market, liquidity will improve driving up both volumes and prices. These trades on thinly traded volumes never justify the fundamentals of any assets. You should also keep in mind, the price is still over 10 times the ICO price for some of the early investors so may be some of the small investors are panicking and taking profit. This is my view.

If you hold the coins, stay put. The whole market is down. Some of the amazing coins are down 20-30% in the last 24 hrs. I am buying at every dip.

DGulari

legendary

Activity: 1386

Merit: 1000